KBTU Lecture #1 final

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    Marketing Course Outline

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    LOVEMARKS. The future beyond

    brands Sayora Ayupova, AMDP&G

    The new concept of branding and brands. This course is about

    new level for brands development evolution level of

    LOVEMARKS. These brands are developed on the basis of

    LOVE to design, consumer service, consumers and life in

    general.

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    0

    2-hour

    International Marketing NilufarSharipova, AMD P&G

    International marketing refers to marketing carried out by

    companies overseas or across national borderlines. This

    strategy uses an extension of the techniques used in the home

    country of a company. I bring the examples of how companies

    use international marketing approach by introducing / advertising

    the brands. At the same time standardization is not always

    possible and company alters product / price / place / promotion

    1/02/10

    2-hour

    Learn for Legendary Brands Sayora Ayupova, AMD P&G

    The market offers scores of successful brands, but relatively fewlegendary brands. This course is about key characteristics of

    Legendary brands.

    8/02/102-hour

    Marketing warfare SayoraAyupova, AMD P&G

    The true nature of marketing today is not serving the consumer;

    it is outwitting, outflanking, and outfighting your competitors. This

    course objective is to learn principles of military strategies and

    how to apply them to marketing operations

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    2-hour

    Shopper Marketing NilufarSharipova, AMD P&G

    Consumer and Shoppers: they are often the same person, BUT

    With different frames on minds in different environments;

    Sometimes they are not even the same person. This course is

    about importance of understanding and winning with shoppers

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    2-hour

    Framework in Procter & Gamble

    Damir Salikhov, Brand Manager

    23 Billion Global Brands of P&G. This course is about how P&G

    approaches Brand building framework to grow great brands

    globally.

    1/03/10

    2-hour

    Mid-term Team Project

    Andrey KonnikovMarketing Business Game based on a business case-study

    8/03/10

    2-hour

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    BRANDS &

    LOVEMARKS

    2009

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    AGENDA

    Historical evolution of BRAND

    Brand what is it?

    What Lovemark mean

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    Aunique birthday celebration

    Date: August 2003

    Place: Milwaukee, Wisconsin USA

    Event: Celebration of 100

    th Birthdayof iconic product

    Participants: 100,000 leather-cladpeople from 47

    different countries Events: Three day party with Concerts,

    Festivals, and a grand parade

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    Birthday of an Iconic

    Brand

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    The ensemble

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    TheBrand

    Harley

    Davidson

    The show of strength hasdemonstrated

    Harley Davidson a unique brand

    It connected with its consumers

    It has created a fierce consumer loyalty

    It reinforced the loyalty of the

    community

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    Historical evolution ofBRAND

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    Brief

    History of

    Branding

    A brief history of branding

    Why was it important, and

    What is the value of brand

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    From till 19th

    century This was era of TRADEMARKS

    TRADEMARK - A mark of ownership made byburning, e.g. on cattle.

    The first trademarks are dated by 3.000 BC

    and found on potteries of Mesopotamia.

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    Brand vs. Trademark

    Trademark

    A mark of ownershipmade by burning, e.g. on

    cattle. A name, symbol, logo, or

    other item used todistinguish a product ormanufacturer from itscompetitors.

    Brand

    A product's attributes name, appearance,

    reputation, and so on taken collectively andabstractly.

    "A brand is a collection ofperceptions in the mind ofthe consumer"

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    Simply puta

    Brand is

    the sum total of all that is known,thought, felt and perceived about

    your (manufacturers) service orproduct by consumers

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    Brand belongs to the consumer

    You own the trademark, but theconsumer owns the brand

    Because the brand is not just what you(manufacturer) say it is

    It is the totality of what the consumerexperiences

    It's created in the privacy of their heartsand minds, based on all theirexperiences with the Brand

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    What then is a brand? First of all, a brand is not a logo (this

    is trademark)

    Second brand is not a corporateidentity system

    Third a brand is not its packaging

    Finally a brand is not a product

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    ABrand is a Memory

    Everything you remember about aproduct/service/company, through:

    Interaction/experience

    What other people say about them

    Advertising

    Perceptions

    Every other interaction

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    Brand is a set of positive

    associations When you think of Volvo, you

    think of safety

    When you think ofNike, youthink of Michael Jordon or JustDo It

    When you think of I-Pod, you

    think of Apple

    Just do it

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    Benefits of positive associations

    Positive associations with a brandmakes your product selection easier

    and enhances the value andsatisfaction you get from product

    Eg. Blind test: Pepsi vs Coke

    It is this emotional relationship withbrands that make them so powerful

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    Brand Memory

    What does these names/logos mean to you?

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    It is possible to brand everything A physical good (Nestle milk, Pantene

    shampoo or Maruti Swift

    A service (Lufthanza Airlines, AIG medical

    insurance), A store (MEGA, IKEA stores, Ramstor),

    A place (NY),

    An event (Olympic Games)

    A person (JLO, Tiger Woods, Madonna) An organization (UNICEF or OSCE)

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    IN THE TWENTY-FIRST CENTURY,BRANDING ULTIMATELY WILL BE THEONLY UNIQUE DIFFERENTIATORBETWEEN COMPANIES.BRANDEQUITY ISNOW A KEY ASSET.

    Fortune magazine

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    B

    rands as business assets The stock market value of The Coca-

    Cola Company in 2002 - $136 billion

    The book value (the net asset value)of the business - $10.5 billion

    The value of the business (around$125 billion) =

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    Coca Cola

    s intangible assets Its secret recipe

    Its contracts with its global network

    of bottlers and Its brand names

    The mind space it owns (equity)

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    Brand Value

    Value ofBrand Coca Cola 2009

    $ 68 billion

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    A recap

    What is a Brand? A brand is a collection of perceptions in

    the mind of the consumer

    A brand is a memory

    Brands are businesss valuableassets

    01/12

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    Purpose ofBranding

    To create a powerful and lastingemotional connection with consumers

    and other audiences

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    Why branding?

    Brands allow the consumer to shopwith confidence

    They provide a route map through abewildering variety of choices

    Consumer does not have to be anexpert on the complexities of the

    offer Brand name, Price are all that is

    required to make an informed choice

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    However, # of brands are growingand it is becoming more difficult to

    make a choice

    Average number ofbrands in asupermarket went from

    20,000 in 1990 to over35,000 in 2009

    6-7 out of 10 brandlaunches fail

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    KEY CHALLENDES OF BRANDSNOWADAYS

    How to get thru the mass mediaclutter

    How to build solid long-termrelationships with consumers

    How to win consumer loyalty for ages

    How to improve the world andconsumers lives

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    Brands have run out of juice. Moreand more people in the world havegrown to expect great performancefrom products, services andexperiences. And most often, we getit. Cars start first time, fries are

    always crisp, dishes shine.

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    A few years ago, Saatchi &Saatchi

    looked closely at the question: Whatmakes some brands inspirational,while others struggle?

    "Lovemarks:

    the future beyond brands"

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    LOVEMARK -

    - New evolution stage ofBRAND

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    Brand vs. Lovemark

    BRAND

    Information

    Recognizable

    Common Tells story

    Guarantees quality

    Logo

    Commercial message

    Clear benefits

    Values

    Professionalism

    Advertising Agency

    LOVEMARK

    Relationship

    Loved by people

    Unique Win the hearts

    Emotions

    Recognizable symbol

    Striking story

    Mysteriousness

    Soul

    Creativity

    Idea company

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    What is in common?

    Lovemarks also belong toconsumers who love them

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    THE CONCEPT OF LOVEMARKS

    Lovemarks transcend brands. They deliverbeyond your expectations of greatperformance. Like great brands, they sit on

    top of high levels of respect - but there thesimilarities end.

    Lovemarks reach your heart as well as yourmind, creating an intimate, emotionalconnection that you just cant live without.Ever.

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    THE CONCEPT OF LOVEMARKS

    Take a brand away and people will find areplacement. Take a Lovemark away andpeople will protest its absence. Lovemarks

    are a relationship, not a mere transaction.You dont just buy Lovemarks, you embracethem passionately. Thats why you neverwant to let go.

    Put simply, Lovemarks inspire Loyaltybeyond Reason.

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    THE CONCEPT OF LOVEMARKS

    At the core of everyLovemark is Respect.No Respect? Its not a

    Lovemark. Its as simpleas that.

    Check out theLove/Respect Axis and

    see just where yourfavourite brand issitting.

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    At the end Lovemark concept is basedon great achievements of realcompanies. If brand is multibillionbrand, it should be based onsomething more than just rationalloyalty of its consumers. Such brands

    should win a special place in theirhearts and become their Lovemarks

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    Best 100 Global brands 2009

    C:\Users\

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    APPLE MAC

    Smile, you got a Mac for life!

    I can't start my day with a delete key! With Apple you have nothing todelete to start your day! Apple owners are not destructive people but

    creative. Smile, you got a Mac for life!

    Unnikrishna, India - 12 October 2009

    Macbook = homeI love Macbooks because they are not like any other laptop out there! Ilove the little Apple icon that lights up when I turn on my laptop, I love

    being able to customize the widgets on my dashboard, and I love itssimplicity. To me, Macbook = home.

    iheartmakeup3, - 14 September 2009

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    Coca-Cola is summer

    Coca-Cola is summer. Coca-Cola is pizza. Coca-Cola is Cubalibre. Coca-Cola is everything. I also love Coca-Cola Zero

    (light one).

    Jaxxwaxx, Italy - 28 August 2009

    Always Coca-Cola

    I love Coca-Cola. Always Coca-Cola...and only Coca-Cola! Ihate when you ask for a Cola-Cola and they give you

    anything else. And also when people say "you're gonna diebecause of that Coca-Cola". I don't mind! I'd rather die then

    stop having it!

    EmyKisses, Dominican Republic - 03 December 2008

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    I just click

    I do not type the adressess of the pages on the location bar. I typethem on Google. Then I just click. Sometimes I click the adwords just

    to help Google to make more money.

    Caglar, Turkey - 07 July 2009

    Motivated to find out much more

    If it weren't for Google, I think I'd have been with half of the lowestgrades in class. It's amazing how it has made the boring and

    stressfull concept of 'Research" into a fun thing to do! I just loveGoogle!! Thanks to this brilliant Search Engine, I am motivated to

    find out much more than what I need.

    Maithili India 27 April 2009